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A court has rejected the plans of a Clive Palmer-owned mining company to dig a coalmine in central Queensland, finding the mine would infringe on the human rights of First Nations people and future generations of Queenslanders, and contribute to “foreseeable and preventable life terminating harm".
The West Australian government has flagged a bid to scuttle mining magnate Clive Palmer’s latest lawsuit claiming he can sue the state for up to $30 billion over mining tenements in the Pilbara.
In one of the year's biggest class action settlements, PTTEP Australasia has agreed to pay $192.5 million to settle a representative action over a 2009 oil spill that affected 15,000 Indonesian seaweed farmers.
The High Court has dismissed an application by accounting giant KPMG to transfer a class action over the collapse of mining company Arrium from Victoria to NSW.
The High Court has turned down the appeal of the former Blue Star Helium CEO who was hit with a $40,000 penalty and four-year ban after the company failed to disclose to shareholders the identity of the buyer behind a botched sale of Texas oil assets.
A judge has refused to declare COVID-19 a force majeure event in a loss for Spanish infrastructure giant Acciona, which seeks to back out of a construction project for a $696 million Kwinana waste-to-energy plant.
A former Tesla Motors Australia director has pleaded guilty to two counts of insider trading for acquiring shares in Piedmont Lithium based on insider information he had about an in-principle agreement the mining company had to supply lithium to Tesla.
A judge has thrown out proceedings brought by mining magnate Clive Palmer in which he alleged an abuse of process by prosecutors and the Australian Securities and Investments Commission, finding that Palmer’s suits were themselves a “misuse of proceedings.”
Tlou Energy has paid $53,280 for allegedly making false or misleading statements to the market about its sustainability practices, in the Australian Securities and Investments Commission's first compliance action over so-called greenwashing.
The ACCC has expressed concerns that Forestry Corporation of NSW’s proposed acquisition of Hume Forests could lead to price increases in regional areas by removing a significant competitor in the softwood market.